/biz/ - Business & Finance

It's over

Futures looking very strong to me!

what are the plays today

first for fuck tripfags

>>17875798
It has only just begun

>>17875804
That's not great.
They've been wrong until like 730central time the last few weeks

>>17875798
I'm afraid it is,

>>17875778
can't wait for next week

BUY LIVE NATION PUTS YOU FAGS

>>17875818
Lolololol

Unless you have a pre-existing condition (including being retarded enough to smoke), you'll be fiiiine

>>17875778


Roast me bros, any reason I shouldn't buy the following today:

UPS
Shell
Delta
Disney
Boeing
Uber

What fucking app do I use to trade bros???

>>17875804
That’s it?
Oh god I’m ruined.

WHY DAX IS RED AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>turned another 2k into 15k with these 20x certificates, in 2 hours
god i love being an european

>>17875826
lmfao how have I not seen this

>>17875837
Robinhood but be prepared to have it freeze

I have adjusted my trading strategy so I can use RH and not get hella fucked if it freezes (slightly longer horizon)

>>17875836
Yeah. Go to the archives and check out our responses. Hell, check the very end of the last thread.

https://123news.tv/cnbc-live-stream/

cnbc is shameless about getting guests with optimistic views to try and shape the market

>>17875804
Agreed, 15 min chart had two green soldiers, we will retrace to 1-1.5% premarket boys

>>17875837
Saxo bank if you are a eurofag

Whats apps are UK bros using?

>>17875832
lost 95% of my account

>>17875851
If you were around when I asked this yesterday cool beans and I have already logged your opinions but I am tracking everyones every couple of threads.

>>17875836
No one has faith in boeing, airlines might end up grounded and Uber will suffer from people not wanting to die

Don't forget that box office money is a large amount of profits for movie makers, but Disney will probably be okay regardless

I would consider the UPS, Shell and Disney

>>17875857
or degiro if you plan to use margin

>>17875831
Wide spreads, no liquidity. Great pick, anon.

>>17875850
wtf? no. nonono that is terrible advice wtf is wrong with you?

>>17875837
Think or Swim, from TD Ameritrade. Best platform out there, $0 fees so why the fucking hell would you use RH that shit is garbage.

>>17875865
We'll the market didn't fall that much so I'm sorry but you made some bad calls

>>17875853
I completely disagree.
They’ve had mr. Don’t buy the dip on every morning. Has he not been on today?

Yesterday he said the problems went from yellow, to flashing red, to a solid red “dont buy” light.

Anyone seen the doomsday posting on energy companies loading up on shit debt instead of corporate or AAA rated now scrambling to restructure IN AN OIL WAR. Mobil debt now rated dogshit?

>>17875836
Dead cat bounce. Also, virus is far from contained. Oil war not yet over either. But they're still on sale even at these prices

>>17875846
which app are you using m8

>>17875879
They'll upgrade their servers at some point and they have a huge amount of securities on there.

Think or swim is too new and will suffer the same problems as RH we just don't know when

>we need to avoid "social unrest" that can happen if all the beds in ICUs are filled up
is this guy saying a race war is brewing?

>>17875866
Well good on you then!

>>17875888
Who the hell in energy has a AAA balance sheet? Do any publicly traded stocks besides MSFT and JNJ?

>>17875882
>bad calls
why did you have to do me like that

>>17875853
>he still watches the "news"

>>17875778
does posting work again? test

also why is CODX going up a bunch

>>17875899
Uhhh no. That’s just what you wanted to hear. Where did you hear racial undertones?

I hear “occupy but with molotovs.”

>>17875890
TX, AAL, CCL, WYNN, LNC, JNJ, so many value cheapies. it's sick

>>17875898
Think or swim has been around since the 2008 crisis IIRC. The platform is basically the old TDA platform. You are wrong.

>>17875894
any serious broker will let you buy/sell turbo warrants. if you consider vanilla options gambling, then these are the equivalent of putting your money in a paper shredder.

>>17875894
go into your european broker bank
search if they have the following
turbo warrants
mini futures
certificates
the first two are like options, certificates are gambler degeneracy bullshit but they go up to fucking 20x leverage and you can't lose more than you buy

>>17875922
theyre gonna stay cheap for a long time, virus isnt going anywhere for months

>>17875853
>Thomas Friedman: "Write every American a check"

LMAOOOOOOOOOO UBI HERE WE COME

Hooooleede shiiiiit

He really basically did paint a picture of riots.

>>17875890
Yeah, I am not close to buying yet but I want to have my companies in mind when the time comes.

>>17875941
This shit will recover as soon as the virus is contained and recovery world wide is in sight.

>people in America are so innocent and naive about how thin the veneer is of civilization once the system breaks
holy fuck Friedman is going off on CNBC bros

>>17875909
hang in there anon

>>17875898
wow you're a fucking retard, eh kiddo?

>>17875942
Dude just said “the system itself is at risk of breaking” and talked about Mother Nature can’t be reasoned with and people are so naive.

Is he an idiot, or should I get my pitchfork and hit up the local gun store?

>>17875942
W. Bush gave everyone a stimulus check zoomer scum

Test

DGX should moon along with TMO today

>>17875953
leaked UK projection was 12 months minimum. use your head, this shit is going to ravage the west for a long time because we cant lock people indoors the same way china could

>squak from their homes
>i watched a societal collapse
LMAOOOO

Is there a way to short spics ability to integrate into society?
Fucking animals the lot of em.

>>17875857
degiro is shit for me, saxo bank is the best CFD platform i have found, as well as IG

>>17875956
Yeaheyah that!!

Do I need to take him seriously?

>>17875853
EVERY PERSON IS SAYING WERE TOTALLY FUCKED FOR YEARS

>>17875921
>it won't get racial
>le ebin molotov anarchy bro we're totally not just cattle for the elite suppressing nationalists
What a fucking idiot.

>>17875964
300 bucks, just like in Futurama!

>>17875979
Take him seriously, but don't panic.
Collapse is collapse, but at least you can buy some cheapies.

>>17875942
Gimme some of dat bread nigga
Bread + circuses hommie

>>17875978
cfds are costly to finance overnight, especially on saxo. you're better off with futures or buying the asset you want on margin.

>>17875964
And then he blew the rest of our money on winning sand. Both were bad ideas, and many smart people said so at the time. But we were mad. I know I was.

>>17875956
i admit, i never saw this coming, certainly not this quickly out of nowhere. i think we'll ultimately get through this against the coronavirus, BUT, im "woke" now as the kids might say. from now on im gonna be a prepper because of this shit, im going to get healthy and fit as fuck, im going to get a gun and start going to the shooting range regularly while stocking up on ammo, im going to learn how to hunt and fish and grow food in a garden (and keep a store of seeds). I'm gonna load up on canned foods and batteries and supplies in general, probably upgrade my generator.

We'll get through this over the course of this year but, im gonna be ready for the next one. I didn't realize the risk was this high before now.

>>17876000
>buy cheapies
The Stock Market is likely headed to 8000 or less.
Nothing right now is "cheap".

TODAY IS GOING TO BE GREEN, RIGHT?

>>17875999
>just like in Futurama!

>>17876020
For at least an hour, sure. The money machine has been going BRRRRRRR pretty hard,

>>17876019
not yet
but soon

>>17876005
You mean winning poppy fields and then another nation to add to the central banking cabal

>>17876020
we had a 13% drop so yeah it'll be green

>>17875904
https://www.bloomberg.com/news/articles/2020-03-10/historic-oil-crash-exposes-energy-firms-that-binged-on-debt

Alot have been investment grade but a recent evaluation by Morgan Stanley suggests hyperagressive investment in expansion on the presupposition oil would hit 100/barrel has left alot of them more exposed to recession, they tip the chance of fallen angel events too so alot of banks are gonna stay away from them.

If this is true, and bloomberg keeps harping on about it over and over, people will flee energy companies, if we rally today, SMART MONEY WILL SHOT ENERGY COMPANIES

>>17876017
I also talked the talk without walking the walk
SAD!
MANY SUCH CASES!
we'll get though it though

>>17875837
This but for australians

>>17876023
Yeahhhh they had some good jew jokes and sci fi jokes. Good shit.

>>17876035
We won a whole bunch of ptsd and soldier suicides. Nothing we did there will last no matter what you think about the power of bankers.

>>17876031
I never implied it was going to happen this week.
It would be ironic if Trump gave the Dow over to Biden at the same level W. dumped it on Obama.

But true bargains are likely weeks away.

>>17876019
This is what low IQ scrubs believe.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17876019
it blows my fucking mind, truly, that there are still permabulls around looking for cheapies. how you can still have that mindset after the past week we had and the current state of the world, i have no idea.

the better question is: what should i short to make the most money on?

>>17876063
dump that fuckin ponzi already

>>17875962
He's right. Even a light economic analysis points to us being on really, really thin ice. Violence I don't believe is the solution.

What's his opinion on the current market?

>>17875999
ive literally been thinking of the tricky-dick fun bill every time someone mentions this payout. can it have trump's face on it?

>>17876065
People that dont follow stocks, but just heard the news and think "wow, i should have invested in '08, now's my time!!!"

There are a lot of them

>>17876054
Opium production will certainly last now that the Taliban is gone. Iraq certainly won't be divorcing their central bank from the Rothschild cabal.
The things that were actually important to the people who started those wars will last. Soldiers are just fodder for the Zionist world order.

>>17876063
Post your rarest bobos pls im harvesting

>>17876063
surely we can't have another red day after that du-

>>17876080
Now is the time to buy.

>>17876057
The fundamentals are FAR worse than 2008.
2008 was just banks fucking up obscure debt repackaging and the market losing confidence and liquidity freezing up.
This is magnitudes worse, AND an energy war.
But you believe what you want.

rip 4chaim
>>17875299
You need a specific salt of zinc for in to be able to dissolve in neutral pH.
Gluconate is best, acetate is okay, the rest is useless.

>>17876065
I just want a goddamned short entry and a bounce to sell into.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

ITS DUMPING

>>17876063
but the dead cat bounce...

>>17876080
He's been shorting for some time now. I imagine he's still holding it as he was interviewed a few days ago saying as such.

>>17876080
last I heard he was short 2months ago

>>17876094
That's what we really need now
Opium
Hahahaha

codex is going up! codx

>>17876103
Saved. Big thanks emtchan.
Now if only we hadn’t had so many people claiming to be medical professionals telling us they were laughing about what a nothingburger this would be...

>>17876080
This guy is going to buy so much fucking water after this. He is going to fucking erase nestle

I have no money but I wanna get in when we hit -50% in a month or two

Do I get leverage

>>17876108
What website is that?

Are we buying GUSH?

>>17876080
I think we're oversold at this point, yesterday was a bit much.

>>17876065
SPY or brent crude

>>17876142
https://www.investing.com/indices/indices-futures

>>17876122
It's not about what we need, it's about how the oligarchy can siphon as much wealth from the lower castes as possible. War, drugs, human trafficking; our suffering is their profit.

>>17876040
we will, this is basically just the flu that is infectious when you don't have symptoms, but still just the flu regardless. we will absolutely have a vaccine eventually, and hopefully that is what the govt should really pour its resources into getting ASAP, fast tracking it.

i think we really need to be prepared for the next time this happens, though. one of my coworkers last week was telling me about this Tom Clancy novel where i guess they had a country that weaponized ebola and made it super easy to spread/airborne, how they had everyone stay home for a period of time to let the virus die off. probably a good book to read, idk what the title of it is just that it is a Tom Clancy book about weaponized ebola. But yeah, just imagine next time instead of the flu it's ebola or AIDS or something, but like this. a "real" plague.

>>17876143
Buy Exxon.

Damn, is TSLA gonna be okay?

>>17876143
>buying
Yeah
Yesterday when it was 51 hahaha retardsama

>>17876145
Oh you sweet sweet summer child

>>17876145
You would be right if American companies as a whole hadn't taken on retarded levels of debt buying back stocks and pointlessly buying up other companies.

>all these bullfag threads

>>17876160
I agree and that's exactly what I meant.

>>17875953
The cat is out of the bag, it can't be contained anymore. You would have to lock everyone in the world at home for a month and if at least one person with the virus remains it would all be for nothing anyway as it would spread right back as soon as restrictions were lifted. The only hope is a vaccine and that's over a year away.

>>17876143

Not yet brother, not yet.

INFLATION ADJUSTED LOW OF OIL FOR ALL TIME IS $19

NOMINAL LOW IS $10

Start buying at $27. That's where it bounced back in 2016. It may come to the point where supply is plentiful, but demand is fucking obliterated because every westerner is shacked up in their house not using their vehicle.

>>17876174
Kek, this kid isn't going to make it. Get rekt fag

>>17876145
Not yet, friend, gotta wait until a few more states are on lockdown and panic is at all time high.
That's when you buy

>>17876174
I'm seeing a particularly massive companies trading at 2002/2003 prices right now. Not going to stay there for long.

>>17875872
oh yeah its fucking great isnt it you raging homosexual

>>17876145
I think there are too many variables that cannot be priced in until we see their quantitative economic impact, like productivity losses due to quarantines, etc. The markets might have priced in some of the supply chain disruptions and the loss of economic drivers like tourism, hospitality, and entertainment, but I doubt we're into oversold territory in the long-term. Getting close, but not there just yet. A lot will depend on how the Fed continues to treat this. I'd say we're in for a few more good -5% days yet, or at least that much spread out each week over several weeks.

>>17875778
I want this entire corrupt broken system of trading gold for magic beans to collapse.

>>17876180
>America should have just let everything tank
Low IQ move

>>17876169
brent is going to 25, why buy now

What's the first stock you'll be buying when everything's fine again?

>>17876198
Demand was far below supply 2-3 years ago. Remember, the OPEC nations and Russia were cutting back production, and oil was still cheap because America was flooding the market with gasoline.
Now every major player is flooding the market with oil. The supply is vastly higher than the demand, which is tapering down to nothing.

>>17875899
No, not sure about US's figire but prediction in UK say at the peak of the outbreak 890000 ICU beds will be needed given UK's population while all UK hospitals combined will only be able to provide 5000. The ratio should be similar in most developed countries, in case containment failed

>>17876094
>Taliban is gone.
I got some bad news for you. They're not just still around, they are actively defeating us.

>>17876242
VOO

>>17876227
Why try to time the bottom? Is buying Exxon at its price 2 decades ago not enough for you?

Saudis could give up tomorrow for all you know and send it skyrocketing.

Hey guys: do you have a generator at home?

I just realized that cheap oil might save our asses if the power goes out some day, lol. As long as we got gas we got electricity, and now gas is gonna be cheap as fuck. What did they mean by this?

>>17876249
Containment did fail. This is mitigation. Note that containment was always going to fail. It's too infectious of a virus, and too new. Without draconian responses, like in China, mitigation is the name of the game.

>>17876242
AMD, clearly. They're basically hitting the reset button on that huge bull run, you have to be crazy to think they won't do it again considering the only thing holding them back is the virus, like everyone else.

>>17876242
Index fund.

>>17875942
If I got a meet check I'm investing it here, LOL

>>17876262
B

>>17876242
GUSH etf

>>17876224
>America should have just let everything tank
You have no idea what I am talking about.
American companies have been pulling huge profits for almost a decade, but have no cash on hand for rainy weather. They've been doing massive stock buybacks and acquiring rivals at high valuations. I work for such a major company. Almost every company is awash in high levels of debt.
The airlines have been making billions in profit, and most of them have vastly more debt than their paper value.
All the buybacks were to make Hedge funds rich, not to save anything from tanking.

>>17876262
Seems like a very short-term positive in terms of sentiment. More green today?

>>17876242
$300k into amazon and amd

>>17876242
You mean when the prices go back up?

I'm glad someone asked Medical Savant Donald Trump when this virus would be all over.

His input thus far has been invaluable.

>the BEAR will leave its cave forever

ITS TIME

https://www.youtube.com/watch?v=sOM4MpN-ju0

>>17876290
>All the buybacks were to make Hedge funds rich, not to save anything from tanking.
Could you elaborate more on this?

Do I accumulate savings for the next few months or keep buying?

>>17876102
+1

Smoke w33d erry day
Self quarantine
Self isolation

Can we expect sub 20k today? Seems like that's been the adamant bottom for the past couple cycles

>>17876306
When you think it can't go down any longer.

>>17876301
-2% to -3% today.

>>17876290
the times, they are a'changin. clearly we can't follow the normal rules in this situation with a worldwide pandemic on our hands. rules are gonna have to change as a result, for better or for worse we obviously have to hurt the long term here for a bit to save the short term.

what etf options should i buy?
vix? uvxy? jnug?

>850 billion stimulus
No way that makes it through the house

>>17876316
Go read about stock buybacks, I'm not going to sit here and teach you economics.

>>17876290
So is literally everything else on this earth in case you have not noticed. If you think this is just American thing you are wrong, welcome to globalism bitch. I hope Biden punches your daughter in the mouth.

>>17876309
doesn't he have medical experts there for a reason? why does the media always have to be a bunch of "gotcha!" assholes? the government is an organization not 1 man.

Warning for CFD gamblers. I held overnight because it closes before the actual us market closes. The Trump pump locked my short CFD and it got recalculated and all I had was scrubbed. Basically it liquidated. Even though stocks dumped after that.

Didn’t lose everything but I got a haircut. Don’t hold overnight.

>>17876339
can't fly in brown epoople without it

>>17876317
Depends what you're buying really.

Oil will bounce back, maybe in a month, maybe in a year, but it will recover eventually and many US oil companies will be bailed out if necessary. They're safe buys right now I would say.

>>17876326
They tried to put safe rules in place for the banks after 2008, and it amounted to very little.

Trump has made it rain cash on the big corporations, and they have blown the windfall on hookers and blackjack (and buying off inspectors). I have little faith that NOW we are going to fix the rules for these greedy morons.

>>17876342
But did you imply that companies invest in hedge funds to rebuy their stuff?

>>17876065
There’s no historical reference for this event, nor is there a prediction model. You’re as retarded as the bulls you're flaming. Nobody has a clue what the market will do.

>>17876242
This crisis is worse than I imagined and I have to admit the idea of air and oil cheapies now look like they can go under. I’d have to be damn sure the virus is over and that the fundamentals of the businesses isn’t shot.
Most likely the FANG stocks will survive and be discounted. I don’t see any immediate reason they’d be undermined long term.
Unless we’re talking apocalyptic and we’re three months to six months into this shit. Buy ammo and guns.

>>17876372
Oh wow and it only took you from 08 to realize that now, tell me more genius.

>Credit Suisse asked us to work from home
>spend the entire day masturbating

>>17876383
>But did you imply that companies invest in hedge funds to rebuy their stuff?
Hedge funds OWN the companies, who are beholden to them, not the other way around.

>>17876372
Well they've been pushing back those rules too. Even removing some of them now. The gov is one of the most inefficient entities on this planet. Constant back and forth bull crap.

>>17876324
Seems reasonable after such a huge drop give the rest of the sentiment surrounding this shitshow. Either that or a similarly small bump on the up side trying to day trade the bounce.

>>17876372
Forget the blackjack and hookers.

>>17876102
>>17876321
this event is literally a paradigm shift in the way we live our lives. at least for the foreseeable future:

>everyone works from home now, takes classes online, talks through skype or discord or whatever internet services
>only people still going to work outside of their homes are people who make the food, medicine, electricity/internet, or run the machines in general that can't be done remotely
>possible UBI

It's literally the Age of the Introvert. We won. Our lifestyle will now become the norm and the Extroverts have to deal with OUR shit now!

>>17876317
How do you know you wont get investing advice from a retard?

>>17876259
>Is buying Exxon at its price 2 decades ago not enough for you?
Companies can actually die off. It’s improbable but possible even for key ones.

>>17876383
Yeah he is retarded. Don't bother listening to him if he can't bother to explain how wrong he is.

>>17876390
Go take a Midol.

>>17876080
check out his left eye...

He's telling us the market is going up...

>>17876394
Typical CS eurotrash

>>17876406
Big IF true . . .

>>17876275
I would not say measures employed by China are draconian. They're baseline.
Alternatively, if the whole world decided to block off all flights out of China on the next day after they finally announced it is bad and cities need to be sealed, we won't need to deal woth what we're facing now

ok lads, im holding my puts, and will add a brent long, saudis are out of inventories, they shouldnt be able to keep up with this shit, pls smbd to reassure me im not a retard

>>17876383
learn to read
>>17876415
stop being a literal cunt over your hurt fee-fees

>>17876406
>>possible UBI
If this gets implemented good luck getting rid of it later. Once you give people a new teat to suck they don’t want it removed.

If you’re all in on UBI there’s never been a better time for it or a better proof of concept. Of course if it doesn’t work as intended you just added an additional welfare outlay

>>17876414
Exxon will be bailed out, guaranteed. Small oil producers will not be, they are the ones in danger, that is also why you should not buy a general oil etf, if any companies go under the fund will tank, big oil companies are not in that position.

If you want to buy an oil fund just buy one that matches the price of crude. Besides that, buy big oil.

>>17876406
Does this mean society will segment into two classes like the Morlocks and Eloi from The Time Machine? As I recall that didn't go very well for the Eloi ...

>>17876446
If puts are long dated then np. Also don't fuck with the mouse with puts.

>>17876447
Kek relax kid I'm just busting your balls.

Is GUSH a meme?

>>17876406
You think this is the only paradigm shift? Watch China dominate the geopolitical game now that Europe and US are out.

>>17876444
>if the whole world decided to block off all flights out of China on the next day after they finally announced it is bad and cities need to be sealed, we won't need to deal woth what we're facing now
+1

>trips of truth

>>17876446
>saudis are out of inventories, they shouldnt be able to keep up with this shit
WHERE IS THE DEMAND COMING FROM YOU DUMB BITCH?
ENTIRE COUNTRIES ARE STAYING INDOORS. PEOPLE DON’T WORK SO DON’T EVEN HAVE THE MONEY TO CONSOOM.
Oil is fucked until the crisis is over in all the west. Factories are closed ffs.

Of course if you were ready to hold for 6-12 months..

>>17876446

saudis can pump for months bruh what are you talking about

>>17876452
Exxon won't need a bailout, and it will devour all the debt ridden small fry in the Permian and beyond.

>>17876444
Checked. I agree that they're baseline, I just mean that in the way in which they were executed were somewhat draconian. And yeah, the West completely mismanaged the problem and only has itself to blame, starting with the WHO and going down to governments.

>>17876471
1st april expiration on SPY put, 244 strike, should i close it in the green on the first opportunity ?

>>17876290
The proper word is over-leveraged?

>>17876388
Screencapping this.

What happens if airlines are allowed to fall?
Wouldn't someone just buy them for cheap, continue operating more or less like normal while a bunch of institutions are left with the debt?

I’m doing the thing an anon here recommended where you divide your money by about 48 and plug in some money every week while everything is going down. I want to diversify and while I know it’s a meme here, I want to hear some opinions for or against diversification if you don’t mind. The can provide my list of about 10 different sectors if you would like to also rate those.

>>17876394

I have oil ETNs with you fucks...what's happening?

>>17876406
But I can't do my work remotely, I'm a lowly technician...

>>17876488
their 2018 inventories indicate they dont have much man, also they cant reach 13 million barrels, and even if they do they will be out in august or smth

>>17876478
One that can make you money.

Are we going sub 20 today? Futures aren't looking the most positive, there's actually no positive news to go on at all so if not today possibly tomorrow?

>>17876505
They get nationalized or someone else buys them.

THESE COCKSUCKERS

THIS REPUBLICAN FAGGOT SAYING THIS ISNT SOMETHING SOMEONE CAUSED ITS JUST SOMETHING THAT HAPPENED?!

THIS IS COMPLETELY FUCKED FUCK THESE FUCKERS. WHEN CAN I SHORT AND GET BACK SOME OF MY GODDAMNED MONEY?!?

>>17876446
>saudis are out of inventories, they shouldnt be able to keep up with this shit, pls smbd to reassure me im not a retard
Remember that Trump sent troops to guard the Saudi fields (still there too) and when he called the Saudi to cut back on the oil dump last week, the Prince actually pumped MORE in response.

Also, none of those billions in arms sales have materialized.

>>17876394
now THIS is based

I'm investing for the first time lads, is oil a sensible option in the current climate? Coronavirus and the oil war makes it look like a fire sale and I'm happy to play the long game. Would I be better off with index funds?

>everything in amazon basket
>gone
kek

>>17876491
Oof, Exxon is about to do mass layoffs I actually know a few people there...

>>17876468
I sure hope so
Separated into the over socialized and undersocislised just like Dr. Theodore J. Kaczynski wrote in his book.

reddit cofounder on cnbc kek

>>17876546
oil is going to get worse in the near term.

>>17876526
I'm betting on small gains and idiots FOMOing to lift it a little higher

Then crab, slightly downward, outside of any bad news (or really any news for that matter)

>>17876560
That's how you know the news is garbage.

I buy EVERY Monday.
I feel good about my purchases yesterday.

>>17876535
Now, Now, Orange Grifter had no way of knowing that all the experts telling him we are probably fucked knew what they were talking about.
He also had to weigh Hannity and Laura Ingram's expert analysis of the situation.

>>17876561
Wait a bit, buy cheaper and then sit on it for 6v months?

>>17876560
>How much does a billboard cost?
>Oh you know the pricing varies?
>If I wanted to buy a billboard in Times Square how much would I pay?
>Uh... it uh really depends you know.
lmao

>>17876494
what is your breakeven? I feel like that one should be printing

>>17876449
>If this gets implemented good luck getting rid of it later.
UBI is a bad idea

BUT

What about UBCC? Universal Basic Credit Card

UBCC is a monetary policy tool set up by the Fed Consumer Credit Window

Everyone ‘murican receives a virtual credit card # from the Fed. The Fed charges a 0% rate and no annual fee. The Fed provides up to $1,776 per month of new credit to each citizen with a cap of $1,937,000 per annum credit draw down.

If the stock market does not reach a new ATH by July 4 2020, the Fed may increase the annual credit limit to $9,110,000 per citizen.

>>17876560
He literally admitted the only reason for doing it was because he knew it would generate virality

>>17876560
Makes me think about how 4chan is doing.

>>17876560
Link?

Yang's campaign manager introduced UBI to California's state assembly a couple weeks ago. He wants to to pay for everyone getting $1,200 with a 10% sales tax increase.

>>17876591
cheeky kek

>>17876584
hard to time recovery. largely dependant on saudis and russians coming to their senses. neither party wants to flinch for now. partial recovery once virus demand rises again (6/mo - 1yr) but no guarantee market still won't be flooded by saudis.

How's Bitcoin doing as a safe haven?
The Goldbugs certainly aren't having fun.

>>17876582
YES MR SARCASM
AGENT ORANGE BUNGLED IT ALL

ALL OF OUR ENEMIES PRETENDED HE WAS HANDLING TRADE NEGOTIATIONS WELL. THEN WHEN THE NATURAL DISASTER HIT, THEY WENT IN HARD

WERE FUCKED

And now I really have to think about buying a goddamned gun to go visit my family.

>>17876609
You mean m00t? He’s doing great. Motherfucking Chadweeb. I have no doubt.

>>17876591
whats the difference

>>17876397
That is an american thing then. In my country, there is no such thing. Companies prefer shadow rebuying.

>>17876637
Why the fuck would they stop, they’re doing so much damage and trump is figuratively licking their assholes and thanking them.

I want to see the piss tape.

>>17875778
I'm actually rooting for the fed. Simply because if they fail, we are in for it.
I really don't want to root for the fed.

>>17876640
>ALL OF OUR ENEMIES PRETENDED HE WAS HANDLING TRADE NEGOTIATIONS WELL
He cancelled NAFTA and renamed it Trump Nafta and turned it back on. The Chinese never stopped keking at him.
Who exactly did he negotiate great with?
I'm so, so sorry your Emperor has no clothes my friend.

HAS YOUR CITY BEEN SHUTDOWN YET?!?!? AAHHHHHHH WHAT AM I GOING TO DO UNTIL AUGUST!!!!!

When does the market open? I'm not american and I know nothing of finance I just want to watch the numbers go down

>>17876588
probably around 243 , it feels like i shorted the bottom right now , but then again absolutely no good news on the horizon, i dont know

>>17876677
august?

>>17876259
>Saudis could give up tomorrow for all you know and send it skyrocketing.
yeah they're gonna walk away from their golden goose tomorrow.

source: my ass

ALRIGHT BOYS

BONO WENT ALL IN ON APPLE AND MADE A KILLING. HOW CAN I REPLICATE THAT SO I DONT EVER HAVE TO WORK AGAIN??

>>17876684
06:30UTC

>>17876670
I’m aware. Your post has no new information. But Wall Street and the markets loved it.

And NOW they’re talking UBI but remembering how we fucked up by leaving the stimulus tap on.

>Joe always asking if delta has stopped wasting money in Africa planting trees yet
Based Boomer

>>17876684
9:30 AM Eastern
About 54 minutes from now.

>>17876609
/r/ is the gateway to the *chans sort of like cunnilingus is the throat to cancer

>>17876623
Yang was a puppet used to push one single idea on the public. . .

But as I said, anything is better than the banks sitting on cash as they did last time

OKC banned gatherings of 50+
All 2.5 colleges that matter are extending the break and training for online.
Beer is still in plentiful supply.

We'll be fine.

>>17876691
>He doesn’t know

EURO 2020 has been postponed.

>>17876654
>In my country, there is no such thing. Companies prefer shadow rebuying.
The major US airlines are owned in large by the same investment groups, which basically allows them to price-fix and fuck everyone with luggage and change fees.
NOW THE FUCKERS ARE ASKING FOR 50 BILLION!?!?!?!?
Fuck this gay Earth.

>>17876670
>Oh yeah China lost the trade war
Imagine being this retarded, not even chinks believe this and they eat brats because they are so poor.

>>17876694
go all in on boeing

its fine we're all fine

>>17876723
Yes i dont know, thats why im asking

Something with the election? im not a burger and couldnt care less

>muh DOW
>muh SPY
Literally who cares about these boomer indices? NASDAQ penny biomemes are the only way to have fun in the stock market, and are /smg/'s official securities. And here's the best part, they're virus proof.
>not affected by lockdowns
>can moon out of nowhere due to announcing ways to help combat Coronavirus
But here's the best part. They're recession proof.
>they already lose millions of dollars a year
>not dependent upon the public
>price manipulated
That's not all. Here's the best part. The virus may actually be BULLISH. Post yfw ONTX announces readout of the Phase 3 INSPIRE early due to an unexpected rise in required death events due to COVID-19, FDA announces fast track Rigosertib approval a month later, then BMY (who is doing a combo study with their azacitidine (which was acquired when they bought out Celgene) and ONTX oral Rigosertib) buys them out at $10 a share. Get ready for the best part.
>ONTX only $.31
>SNSS only $.45
There has never been a better time to buy. Post your rares and share leads with other future white millionaires.

>>17876646
>;-)

>>17876677
Ahahahha point and laugh at this n00b he thought his blue city was safe and didn’t flee to the redneck hill country u don’ goofy boyo better stock up on onions green cans

>>17876691
You didn’t get the memo?

>>17876701
>But Wall Street and the markets loved it.
Wall Street loved Uncle Mitch's generous tax breaks. They found Trump's trade war disruptive and annoying.

>>17876749
Kill yourself

>>17876749
>ONTX pasta is back

are we bull again?

>>17875778
Tfw cv is actually thanos with gauntlets of infinity

>Haha yes so we're going to be a racket and jew the fuck out of everyone with inflated prices, look at all the money we're making, who cares if we hurt the consumer we're making FAT STACKS of DIVIDENDS AND STOCK BUYBACKS

>NOOO PLEASE TAXPAYERSAMA BAIL ME OUT

I swear to god if they bail out Boeing and the airlines I will be beyond pissed.

>>17876685
personally, unless you were devastated if you lost the money I'd keep them for now even if today may end green

>>17876739
consider it done

>>17876738
Trump came out and said yesterday that this shit isn’t ending til august. It’s why the DOW crashed right at closing

>>17876017
lol its too late nigger

>>17876749
no options are the only way to have fun. if you're right? double your money minimum - literally no ceiling to your gains. if you're wrong? lose it all. its like a casino except you have a bit more control

>DAX and eurostoxx stop moving after 12 pm and just start flopping about waiting for US open before moving in any direction
every fucking time

>>17876724
that's a good sign
fuck

A bunch of dudes I know are losing their jobs. Engineers, restaurant, and events. All semi well paying gigs. Is this a sign? All happened in the past month.

>"""unexpectedly"""
Shit like this is why we are not yet at the bottom.

>>17876790
>american market drops at open
>europe follows
>american market recovers after europe close
>europe does not recover the following day
Like clockwork.

>>17876780
The Absolute best thing Trump could do is stop saying "things" and let Powell and Congress try and iron this out.

>>17876706
darn, its nearly midnight already and I have class tomorrow

Fuck it, world only ends once.

>>17876698
thanks m8

Hold me bro's.....

>>17875778
https://www.youtube.com/watch?v=Zq9gy6MFrl4&feature=youtu.be

B E A R
E
A
R

G A N G
A
N
G

>>17876780
Investors arent blind.

>>17876823
>let Powell and Congress try and iron this out.
Seriously?

we buying $26 SQQQ on the bounce today bros?

I'm financially rooned

>>17876838

>>17876860
How did that happen?

>>17876860

>>17875778
JOIN THE OFFICIAL /biz/ DISCORD discord gg xFuuSTZ

Join and turn the chat pink with us bros

Is there a indicator or tracker or chart that shows an average of how much the market moves per day vs the current high/low of the day? So that you can extrapolate crabbish movement?

>>17875811
Pretty much this, real panic will start as people realize the shelves are not going to be full for weeks

>OIL BROKE RESISTANCE
OIL BROKE RESISTANCE
>OIL BROKE RESISTANCE
OIL BROKE RESISTANCE

>>17876860
Nioce

>>17876843
wow this is sick!

>>17876242
>when everything's fine again
anon, I...

>>17876849
Yes. Anything is better than Trump, who is listening to the drunkard Larry Kudlow, Hannity and his son-in-law.
Trump is literally destroying confidence with his self-aggrandizing, trolling at Obama and general making shit up.

>>17876828
>>17876684
Go to sleep. There won't be a major drop today.

>>17876860
Go back.

>>17876860

>>17876860
account closed
what de fuck?
story!

>>17876860
how in the fuck

>>17875805
If you haven't sold and shorted: Pray there's even the slightest of dead cat bounces and sell literally everything.
If you've already done that, hibernate until the global infection rate starts to plateau.

>>17876860
Lol

>>17876823
>congress gonna save us

>>17876860
h-how did you lose more than 100%?

>>17876790
>rent free
Also, yeah, it's shit.

>>17876769
Agreed on principal, but what other options are there at this stage? The underlying financials of the airline companies are shit, but if they fall, the ripple effects on the rest of the economy are far too large.

>>17876821
This is a sad snapshot of the normalfag mind.

>>17876860

hmm...is this..real money?

>>17876895
how can you be so sure? its not like the coronavirus has gone away or anything like that

>>17876820
I am off without pay.

t. freelance surgical tech all elective surgeries cancelled until further notice

>>17876876
Where on earth do you live? Most places I know literally stocked up in 3 days unless you went to ghetto areas or places with a lot of liberals. How do retards not understand this is a crises of demand instead of supply?

>>17876864
It's wsb meme.
A retard was selling box spreads but forgot options can be exercised.
Didn't help that RH granted him $300k of effective credit on a $5k account.

>>17876914
>What other options
State ownership.

>>17876918

$$$ is not real money, give me RUBLES!

t. bear

>>17876911
Calls assigned

>>17876891
Post Hoc Ergo Propter Hoc

>>17876931
>>17876931
>>17876931
>>17876931
>>17876931

new thread

>>17876891
>Congress that can't agree on anything or get things done should handle it

>>17876928
They're effectively the same, anon. The difference would be in the amount of oversight and management.

>>17876919
dead cat bounce

>>17876860

>>17876928
This.

>>17876910
Senators and Congressman are hyper sensitive to their State constituents being directly Fucked.
We are months out of a major election.
They will actually be putting out a sober effort to save (their careers) I mean Americans.

>>17876860
>Margin, not even once

>>17876493
>starting with the WHO
Starting with the west let WHO and a burnch of UN agencies being managed by China-nominated persons
The current head of WHO, Tedros, covered up numerous cholera outbreak when he was working as health ministry in his home country Ethiopia, then he moved to foreign affair ministry and signed an international railway deal with China, after that he got nominated by China to be head of WHO and successfully won the election, with one of the first promise he made on his first day in the office being WHO will adhere to the One China Policy strictly.

>>17876919
There are something called Futures contracts where traders as we speak are betting on what the market is going to do and it's not even in the red today. Go to sleep.

>>17876943
Somehow it would probably be better than this. Even though I hope they all get rona’ed

>>17876926
Flyover USA, you can’t restock everything within a few days if every store also needs restocked and food companies may not get all their raw materials because of the virus do you not understand how the system works? It will be weeks if not months for regular supplies to return to normal

>>17876957
Yeah but they are slow as fuck to react and it makes zero sense if every state just does their own thing. Sorry but this is where the federal gov needs to step in, you are nuts.

i'm too poor to buy SPY options. recommend me some cheaper one

>>17875859
I use degiro, its not really the best but its alright

>>17876980
You think demand is literally permanently stuck in panic mode and people are just going to be buying tp for life. You realize stores are having this problem because we literally have ass holes buying 25,000 bottles of water and hand sanitizer with tp trying to scalp the market. Literally no one will keep up with this retarded demand but it will go back down.

>>17876966
based and chinese-taipei-pilled

>>17877006

>>17877050
Even with demand going down a single store requires several trucks in a day to refill shelves when they’re this bare that won’t happen everywhere at that speed, as a result shelves will be bare for weeks if not months, that will induce panic

>>17876957
>>Senators and Congressman are hyper sensitive to their State constituents being directly Fucked.
holy fuck how delusional are you mate?

>They will actually be putting out a sober effort to save (their careers) I mean Americans.
come on now, do you really believe this?
sounds like weapons grade hopium at best

the only way congress is going to help in this crisis is if coronachan finally kills some of those fucks because term limits are never going to happen in our lifetimes

>>17876216
Such as?

>>17877083
Where on earth are you getting this info? I don't know any store having issues with their suppliers as much as keeping up with demand.

>>17877150
I work in distribution

>>17877169
Oh yeah and America is a country that imports most of their food right?

>>17877207
What year do you think it is? There’s bits and pieces in all food that are made in lots of places, food may be manufactured here but it uses ingredients sourced world wide, some ingredients have single source manufacturers or geographical origins

Shill me bouncebacks

Note: Some anon shilled me national bank of greece and i am thinking of buying so i am retarded

>>17876019
Kek

Okay doomer

>>17877248
Really what ingredients are there in water, milk, meat, and tp the essentials to live and all the stuff sold out.

>>17877207
America actually exports a large amount of meat. Its mostly what murricans won't eat. Dark meat chicken, parts of the cow that can't be made into ground chuck etc

Philippines to suspend their market indefinitely?

>>17877306
I'm being sarcastic with this ass hole.

>>17877292
Jesus you have no clue what you’re talking about, this is a global economy, packaging alone requires products from all over the world

>>17877050
So much this

The free market will prevail.

Wait for TP to hit market prices on the web.

Also, imagine the poor store owners. We have to increase shipments but only for 2 weeks, sorry for the inconvenience, supplier

I hate the retards out in the world

>>17877341
Thank God

Thought you were rarted

>>17877343
Yeah no shit and the world is at home avoiding a virus and wanting to work. This isn't a famine or an attack on supply, this is literally a pandemic the world has to play safe on. If you think this is permanent or that supply has irreversible been damaged then you are dumb.

>>17877346

>>17877373
I didn’t say it was permanent I said it will take weeks maybe months to get back to normal levels and that will cause panic

>>17877407
2 weeks at best but Jesus man this isn't the end of supply. It's literally 2 weeks of retarded demand. The global economy slowed itself down on purpose to fight a disease but is still working.

>>17877375
Lolololol

I'm just saying they'll all end up with way too much TP because the demand will plummet and everyone will realize there's no reason to panic

>>17877472
Think like an irrational typical American for a fucking second then multiply that by thousands, you go in the store shelves been empty for a week. They’re going to fucking panic, what they’ll do with that panic is anybody’s guess

is there a /smg/ discord where I can talk TA, Bloomberg news, the credit crunch and the market open without sifting through pages of brainlets discussing whether 1.9 is a good link entry

>>17877516
Like I said the only places I know having this issue are stores in the ghetto and liberal/urban places. The irony is places like whole foods even in the city are stocked up but that's because it's more expensive.

When a lot of 3/20 puts expire on Friday for SPY, won't that gain SPY stocks?

>>17877566
>The irony is places like whole foods even in the city are stocked up but that's because it's more expensive.
Yeah I know all they would have had to do is raise prices by 30% or more and shelves wouldn’t go empty, no gouging should be replaced with a standard 25% price rise and see if that works better

>>17877616
In this scenario they might as well. Too much panic makes people retarded.

>>17877681
See we agree on things we just have different bets on what the future will be

>>17877555

>>17877708
Sigh, yeah let's just watch things and how they pan out.

>>17876047
stake mate

>>17877798
didnt see the attach before delet, can you do the needful and post link pls sirs.